Cairo: The cabinet, led by Prime Minister Mostafa Madbouli, approved several decisions during its weekly meeting, focusing on industrial development and green initiatives. The meeting, held on Wednesday, December 17, 2025, marked significant steps in advancing Egypt’s automotive and manufacturing sectors, as well as its commitment to sustainable development.
According to State Information Service Egypt, the cabinet granted the Golden License to MAC Transportation for its ambitious project to establish and operate a factory dedicated to the production and assembly of various vehicles, including passenger cars and buses. The facility will span approximately 30 acres near the Sixth of October Dry Port in the industrial and logistics zone of New October City, Giza Governorate. This project, with an estimated investment of EGP 6.3 billion, aims to produce micro, mini, and midibuses with up to 25 seats and larger buses with up to 50 seats. It is expected to enhance the localization of the automotive industry, fulfill local market demands, and support exports. The initiative also emphasizes reducing environmental impact by promoting a shift towards electric vehicles and adopting eco-friendly manufacturing technologies.
Additionally, the cabinet approved the issuance of the Golden License to Deli Egypt for Manufacturing. This project will establish and operate a factory to produce office equipment, school supplies, children’s sports supplies, and other products. The factory will be located on approximately 160,000 m² in the industrial zone southwest of the 10th of Ramadan City, Sharqia Governorate.
The cabinet also sanctioned a draft presidential decree concerning a $10 million grant agreement with the Abu Dhabi Fund for Development. This grant aims to implement development projects in Sohag Governorate, focusing on enhancing the living standards in rural communities through improvements in social, educational, economic, and environmental sectors.
Moreover, a draft presidential decree was approved for a grant agreement to establish green energy infrastructure in the Suez Canal. This $4.3 million agreement, between the Egyptian government and the Republic of Korea, seeks to fortify Egyptian-Korean relations and support the Suez Canal’s transition into an environmentally sustainable and efficient waterway by 2030, aligning with the broader goal of green transformation and environmental conservation.